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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2020
Tenant Origination and Absorption Costs, Above-Market Lease Assets and Below-Market Lease Liabilities [Abstract]  
Tenant Origination and Absorption Costs, Above-Market Lease Assets and Below-Market Lease Liabilities
As of September 30, 2020 and December 31, 2019, the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities (excluding fully amortized assets and liabilities and accumulated amortization) were as follows (in thousands):
 Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
 September 30, 2020December 31, 2019September 30, 2020December 31, 2019September 30, 2020December 31, 2019
Cost$27,984 $30,569 $3,499 $3,714 $(4,122)$(4,958)
Accumulated Amortization(11,861)(10,223)(767)(741)1,618 1,778 
Net Amount$16,123 $20,346 $2,732 $2,973 $(2,504)$(3,180)
Amortization of Tenant Origination and Absorption Costs, Above-Market Leases and Below-Market Lease Liabilities
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the three and nine months ended September 30, 2020 and 2019 were as follows (in thousands):
 Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
 For the Three Months Ended September 30,For the Three Months Ended September 30,For the Three Months Ended September 30,
 202020192020201920202019
Amortization$(1,625)$(2,000)$(74)$(101)$194 $421 
 Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
 For the Nine Months Ended September 30,For the Nine Months Ended September 30,For the Nine Months Ended September 30,
 202020192020201920202019
Amortization$(4,965)$(5,324)$(241)$(303)$676 $1,159